Taxes News
North Carolina's license tax revenue down 1.4% in Q2 compared to same quarter of the previous year
North Carolina collected $768 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
Higher individual income tax revenue in North Carolina during Q2
The second quarter of 2024 brought in $4.7 billion in individual income tax revenue for North Carolina, a 4.4% increase from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.